When Will Bitcoin Reach $1000??

[alientida]

I think just blurting out dates is unrealistic. These are just assumptions and predictions. At an accelerated growth (the way it seems to be going) it seems it will happen eventually.

Yes, but are these assumptions any different from speculation on a stock price? That doesn't matter, yet many people do it! We are all in the same boat. Nobody knows what will happen

[Lauda]

I think just blurting out dates is unrealistic. These are just assumptions and predictions. At an accelerated growth (the way it seems to be going) it seems it will happen eventually.

Nobody thought ~$400 in November was realistic, and look, it actually is.

[psychocoin]

$1000 in March. You heard it here first.

[Lauda]

$1000 in March. You heard it here first.

That's a bit too soon I think.

[mintybtc]

$1000 in March. You heard it here first.

That's a bit too soon I think.

It doubled from 200 to 400 in one week, why couldn't it do the same once it reaches 500 here shortly? Think logarithmic.

[MicroGuy]

It doubled from 200 to 400 in one week, why couldn't it do the same once it reaches 500 here shortly? Think logarithmic.

Think bubble!  

[oelewapperke]

Makes one wonder what the actual liquidity behind BTC is. Are there any estimates ?

[bitcoinblog]

i am very much excited to know this too, the graph is going almost vertical 

[saekki]

Bitcoin price has increased about 0,59% per day since 2010 so 1000 $ should be broken approximately August 2014. 100 000 at september 2016.

[BarkinTree]

i'm not sure if we have enough steam to this rally to hit 4 figures. it's possible. it's a bit of a nailbiter! i'd love to sell a couple near the top and snatch up more at the bottom, but hehe, i'd probably just be wrong and panic buy back in at a loss.

[Imerman2]

I'm hoping for a correction so I can buy more for less, but Bitcoin has been off to the races the past few weeks, bought some at 320 or so and that was all of a week ago.

[torry28]

It doubled from 200 to 400 in one week, why couldn't it do the same once it reaches 500 here shortly? Think logarithmic.

Definitively possible, but logarithmic (exponential) growth cannot last forever in real world. It has to slow down and stop at some point.

[Corenin]

End of this year, still waiting for $1000, but seems like everyone is planning to sell at that level so I would try selling it on 989$ instead...

[Lauda]

End of this year, still waiting for $1000, but seems like everyone is planning to sell at that level so I would try selling it on 989$ instead...

Most people voted NO to selling at $1000.

[ANiceJewishBoy]

$500 Bitcoins, lol, $1000 seems like a Christmas guarantee at this point.

[raspcoin]

It doubled from 200 to 400 in one week, why couldn't it do the same once it reaches 500 here shortly? Think logarithmic.

Definitively possible, but logarithmic (exponential) growth cannot last forever in real world. It has to slow down and stop at some point.

The growth has been faster than exponential, though. If you look at 1-year charts, the growth appears to be exponential in the interval between Dec 2012 and Nov 2013. Then something happened in Nov 2013.

[Agamemnon]

I just posted this in the similar thread.. but I thought I'd share my thoughts in this topic, too.

Unless Bitcoin is destroyed by a 51% attack, it is bound to thrive within an unstable economy.

It is similar to gold, but imo bitcoins are better than gold. Think as an investor. Bitcoins do not inflate. They cannot be stolen if stored properly (offline). They are easy and safe to move. Almost impossible to counterfeit as far as I know.
If you have some knowledge about how currencies work, you should be a fan of BTC. It is not the future, but it is way better than the USD. And as long as financial instability remains, BTC will thrive. Bubbles will come and go, just like the one nowadays, but I'm pretty sure it is going to reach $1000 in a year.

And once big financial institutions endorse BTC, the price may soar to $100k or who knows how high. It is theoretically possible to introduce bank accounts, credit/debit cards in BTC.

Or in case the USD crashes, where do you think all the money is gonna flow? When half the world economy will disappear in a day? BTC has a bright future for the years to come.

[ANiceJewishBoy]

It doubled from 200 to 400 in one week, why couldn't it do the same once it reaches 500 here shortly? Think logarithmic.

Definitively possible, but logarithmic (exponential) growth cannot last forever in real world. It has to slow down and stop at some point.

The growth has been faster than exponential, though. If you look at 1-year charts, the growth appears to be exponential in the interval between Dec 2012 and Nov 2013. Then something happened in Nov 2013.

Nov, 2013

ATM dropped in Canada
BTC got popular in small pockets in China, then that is getting bigger and bigger and bigger (as they teach more and more of their young children how to get involved, and the schools allow for even more flow from child to child)
MCXnow dropped shares, and tons of people went in for that.
Over 10,000 messages were sent out by me alone to tell people about Altcoins and how companies can make their own, and I'm sure other people shared the links as well (either after opening a message from me, or just because they are good people and do that already). So probably upwards of 20,000 messages went out these past 2 weeks.

DO EVERYTHING YOU CAN TO HELP. IF YOU LIKE SEEING BITCOIN GO UP, DO SOMETHING TO KEEP IT THAT WAY!!!!

[ANiceJewishBoy]

Bitcoin at $600, so what do ya'll think about $1000 at Christmas now?

[hoian0809]

Haha, I guess: Bitcoin will hit 1000 at 1/1/2014.